Stolt Offshore & Technip Win $730m Contract from BP

Source: www.gulfoilandgas.com 2/18/2004, Location: Africa

Technip, in consortium with Stolt Offshore has been awarded a contract by BP worth $730 million (€ 580 million) for the development of the Greater Plutonio field, located offshore Angola in Bloc 18, between 1,200 and 1,500 m water depth.

Technip's share represents $180 million (€143 million) and the share of Stolt Offshore, leader of the consortium, represents approximately $550 million (€437 million).

Technip's scope includes design, fabrication and installation of 56 km of rigid flowlines, 18.5 km of flexible lines and 38 km of umbilicals as well as 16 sub sea structures. Technip's plant, Angoflex Limitada, located at Lobito (Angola), will manufacture the umbilicals; the 56 km rigid lines will be welded at Technip's new spoolbase at Dande (Angola), and the 18 km of flexible pipe will be manufactured at the Le Trait plant in France. The multipurpose vessel Deep Blue will install all lines – rigid, flexible, umbilicals – during the second half 2006.

The award of this contract emphasizes the confidence of the Bloc 18 partners and Sonangol in the consortium formed by Technip and Stolt Offshore. After the recent Dalia development contract award, also in Angola, this new award confirms the leading role played by Technip in oil and gas field developments in the West African deep and ultra deep waters.


Related Categories: Accumulators and Storage batteries  Ammeters, Voltmeters, ect.  Batteries  Cable Trays  Cables  Cathodic Protection  Circuit Breakers  Contactors  Control Panels  Earthing materials  Electric fittings & junction box  Frequency Inverter  General  Lighting  Panel Components  Starter  Steel Panels  Switches  Transformers  Umbilical Lines  UPS 

Related Articles: Accumulators and Storage batteries  Ammeters, Voltmeters, ect.  Batteries  Cable Trays  Cables  Cathodic Protection  Circuit Breakers  Contactors  Control Panels  Electric fittings & junction box  Frequency Inverter  General  Lighting  Panel Components  Switches  Transformers  Umbilical Lines  UPS 


Gulf Oil and Gas
Copyright © 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.